Thread: Bitcoin technical analysis

Originally Posted by ;

quote Btc (D) the news is that ... within the primary wave ... it might be the fifth person (@9189)(TP 21.4k) when the ... ... rise will probably be over 47 percent (to be verified) it is suggested to await the trendline break P.S. (see also article 104, Is Bitcoin going to wreck?) image

we can find ourselves at the 3rd composed wave (TP @ 24k) of ...
... bull market but ...
... the dynamic support of the 1st wave (alpha 17%) must resist

P.S.
(the Maginot line is @ 5.74k)

Elliott's concept describes ... logical predictive efforts (entrance @, sl, TP)
(maybe not certainties)

Originally Posted by ;

quote Btc (D) 2 anomalies: I) the alpha of this dynamic support of presumed fifth wave (1st of bull market) is ... ... lower than the third one ii) Rmi breaks through the 40% level (which is support for a bull market) technically ... the incline (alpha) of those 3 UPwaves (1st=17%,3rd=47 percent,5th=42 percent) should ... ... grow exponentially (the greater volatility will occur in the fifth part of tide) while at the RMI indior the 40% level consistently ... ... supports the uptrend (60% is that the resistance of this downtrend) P.S. it is always a ....

Super fine analysis!
Like to add that the 20th Jan. - 23rd Jan. swing can be counted impulsively. For retesting your green uptrend support, which started in fall 15, that speaks!

Originally Posted by ;

quote Super nice analysis! Like to add that the 20th Jan. - 23rd Jan. swing could be counted impulsively. For retesting your uptrend support, which began in autumn 15, that speaks!

I simply Think about a point of view (mine) ...


P.S.
... among individuals who watch the graphic reality

IMHO, this potential bullish gartely can eventually perform and will be highly confluenced with a bullish butterfly and bullish AB=CD. This can possible only if 11641 Isn't violated

best wishes

Originally Posted by ;

IMHO, this potential bullish gartely can eventually play out and will then be highly confluenced using a bullish butterfly and bullish AB=CD. This will possible only if 11641 is not violated image best wishes

Thank you to this chart- we seemed to touch 11641 earlier, but no solid close above.
Overall sentiment appears to be becoming more positive today, the demand is still high out there - So many trades still closed to new regiions due to crazy high demand and another good illuion is the RobinHood Trading app, which announced it would include crypto currencies, simply to have 800 THOUSAND individuals enroll for early access in 1.5days! It's clear to me that cash that is digital is wanted by the world, as long term I am still a superb bull!

Bitcoin chart since the non on 1/26.

Originally Posted by ;

quote Thanks to the chart- we appeared to touch 11641 earlier, but no solid close above yet. In general opinion seems to be getting more favorable now, the demand is still high out there So many trades nevertheless closed to new regiions due to crazy high need and yet another great example is the RobinHood Trading app, which declared it would include crypto currencies, simply to own 800 THOUSAND individuals register for early access in 1.5days! It is obvious to me that the world wants cash that is digital, as long term I'm nevertheless a super bull!

YES keep buying bitcoin along down the way noob.

Sell your house, car etc to buy bitcoin

before

last day of january 2018
best Dre

Daily : Bearish

strong support 9880 - stop lost 11280 - target 8230

Originally Posted by ;

I wouldn't be Amazed to see BTC cover the Difference @ 8300 along with Another ALTs Return Also

still have a pending for This Particular
others are showing charts that Reveal similar